India: Milk production continues to grow and exports may be needed in the future

Published 2021년 12월 10일

Tridge summary

India, the world's largest consumer and producer of milk, is projected to grow its population by 272 million by 2050, potentially straining its dairy sector as it strives to meet the increasing demand for milk and dairy products. Despite challenges like religious restrictions on dairy cow slaughter, the country's milk production is on a growth trajectory, expected to increase by 130 million tons in the next decade, with cow's milk becoming a larger share of the production. Currently, most milk is consumed domestically, though there is potential for excess production if demand does not keep pace with production growth, potentially leading to the need for international market outlets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

India's population – the world's largest consumer and producer of milk when buffalo milk is included – is projected to grow by 272 million people by 2050. However, it is unclear whether the country's dairy sector will produce enough to meet their growing demand for milk and dairy products, or whether production will exceed domestic needs. According to a 2019 United Nations report, India could supplant China as the most populous country in the world by 2027 and remain in that position until the end of the century. In 2019, India's economy surpassed that of the United Kingdom and France as the fifth largest in the world, with a GDP of US$ 2.94 trillion. “After experiencing sustained growth in recent years, India is ready to consolidate its position as the world's largest producer and consumer of milk,” said Monica Ganley, analyst for the Daily Dairy Report and director of Quarterra, an agricultural consulting firm in Buenos Aries. According to a recent report by the USDA Global ...

Source: Milkpoint